Financial Statements for cnooc ltd (883)

Year over year, CNOOC Ltd. has seen their bottom line shrink from CNY63.7B CNY to CNY56.5B CNY despite an increase in revenues from CNY245.5B CNY to CNY281.9B CNY. An increase in the percentage of sales devoted to SGA costs from 5.06% to 8.86% was a key component in the falling bottom line in the face of rising revenues.

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